Wallace MI Real Estate & Commercial for Sale

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Wallace Real Estate

Wallace is located in Michigan. Wallace, Michigan has a population of 1,541. Wallace is less family-centric than the surrounding county with 19.44% of the households containing married families with children. The county average for households married with children is 21.53%.

The median household income in Wallace, Michigan is $58,942. The median household income for the surrounding county is $44,480 compared to the national median of $57,652. The median age of people living in Wallace is 49.9 years.

Wallace Weather

The average high temperature in July is 81.2 degrees, with an average low temperature in January of 2.2 degrees. The average rainfall is approximately 30.8 inches per year, with 52 inches of snow per year.

Wallace Map

Wallace Real Estate Market Conditions

  • Median sales price

    $184,500
    7.48%
    change since last quarter
  • # Active listings

    5
    30-day change

Wallace Schools and Demographics

Education near Wallace, MI

City County
High School Graduates 94.97 92.23
College Degree - 2 year 12.79 11.07
College Degree - 4 year 12.45 15.83
Graduate Degree 4.09 3.44
Expenditures per Student 9,417 9,567
Students per Teacher 15.3 14.6

Elementary Schools near Wallace, MI

Grades Students P/T Ratio ZIP
Blesch Intermediate School 03 - 06 420 18.6 49858
Central Elementary School PK - 02 327 15.1 49858
Stephenson Elementary School PK - 05 248 14.7 49887

Middle Schools near Wallace, MI

Grades Students P/T Ratio ZIP
Menominee Junior High School 07 - 08 243 18.9 49858
Stephenson Middle School 06 - 08 131 15.8 49887

High Schools near Wallace, MI

Grades Students P/T Ratio ZIP
Menominee High School 09 - 12 500 17.4 49858
Stephenson High School 09 - 12 190 17.3 49887

Ungraded Schools near Wallace, MI

Grades Students P/T Ratio ZIP
* West Michigan Virtual - Menominee 09 - 12 42 28 49858
Carney-Nadeau School PK - 12 248 14.2 49812
Menominee ISD Special Education 01 - 12 14 1.4 49858

Demographics near Wallace, MI

City County
Neighborhood Type Rural
Population 1,541 23,389
Population Density 21 22
Median Age 49.9 48
People per Household 2.2 2.2
Median Household Income 58,942 44,480
Average Income per Capita 31,702 26,151

Real estate near Wallace